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By Jon Nadler |
January 18, 2013
Gold prices touched a one-month high near $1,699 on Thursday as a slightly weaker greenback and a spike in black gold inspired short-term specs to buy the metal at its daily lows in the morning hours.
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By Joseph Ciolli, Bloomberg |
August 8, 2012
The euro weakened against its most-traded counterparts as a drop in German industrial production, lower U.K. growth forecasts and ratings cuts for Spain and Italy raised concern Europe’s sovereign-debt crisis is worsening.
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By Ross Norman |
May 29, 2012
The Basel Committee for Bank Supervision is meeting to consider making gold a Tier 1 asset for commercial banks with 100% weighting rather than a Tier 3 asset with just a 50% risk weighting as it does today.
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By Austin Kiddle |
May 25, 2012
Central banks gold purchase data in April cheered gold market on Thursday, however. Mexico, Kazakhstan and Ukraine added about 204,000 ounces in April.
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By Daniel Kruger and Lucy Meakin, Bloomberg |
March 6, 2012
Treasuries rose, pushing 10-year note yields to the lowest level in almost a week, as concern Europe’s sovereign-debt crisis will weigh on global growth spurred demand for a refuge.
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By Jon Nadler |
August 18, 2011
Daily metals update including analysis of gold and silver